Market news

11 May 2017
  • 22:58

    Stocks. Daily history for May 11’2017:

    (index / closing price / change items /% change)

    Nikkei +61.46 19961.55 +0.31%

    TOPIX +1.67 1586.86 +0.11%

    Hang Seng +110.13 25125.55 +0.44%

    CSI 300 +18.95 3356.65 +0.57%

    Euro Stoxx 50 -22.19 3623.55 -0.61%

    FTSE 100 +1.39 7386.63 +0.02%

    DAX -46.40 12711.06 -0.36%

    CAC 40 -17.04 5383.42 -0.32%

    DJIA -23.69 20919.42 -0.11%

    S&P 500 -5.19 2394.44 -0.22%

    NASDAQ -13.18 6115.97 -0.22%

    S&P/TSX -82.66 15550.55 -0.53%

  • 20:08

    The main US stock indexes completed the session in a negative territory

    Major US stock indices showed a weak decline, as political uncertainty in the US sent investors in search of safer investments, such as gold and the Japanese yen.

    In addition, as it became known, producer prices in the US rose more than expected in April against the background of rising costs for goods and services, which led to the largest annual increase in five years. The Ministry of Labor reported that the final producer demand price index rose 0.5% last month after a 0.1% decrease in March. The PPI increased by 2.5% in the 12 months to April, which is the highest since February 2012, after moving in March by 2.3%. Economists predicted an increase in the producer price index by 0.2% per month and an increase of 2.2% compared to last year.

    However, new applications for unemployment benefits in the US unexpectedly fell last week, and the number of repeated applications for unemployment benefits reached a minimum of 28.5 years, indicating a rapid tightening of the labor market, which could push the Fed to raise rates in June . Initial applications for unemployment benefits fell by 2,000 people and, taking into account seasonal fluctuations, reached 236,000 for the week ending May 6, the Ministry of Labor said. Data for the previous week has not been revised. Economists predicted that new applications for unemployment benefits will increase to a level of 245,000.

    Most components of the DOW index finished trading in the red (18 of 30). Most fell shares of Microsoft Corporation (MSFT, -1.38%). Leader of the growth were shares of Merck & Co., Inc. (MRK, + 0.80%).

    Most sectors of the S & P index registered a decline. The conglomerate sector fell most of all (-1.3%). The maximum increase was demonstrated by the utilities sector (+ 0.1%).

    At closing:

    DJIA -0.11% 20.919.96 -23.15

    Nasdaq -0.22% 6,115.96 -13.18

    S & P -0.21% 2,394.55 -5.08

  • 19:00

    DJIA -0.16% 20,908.89 -34.22 Nasdaq -0.28% 6,111.73 -17.41 S&P -0.29% 2,392.66 -6.97

  • 16:00

    European stocks closed: FTSE 100 +1.39 7386.63 +0.02% DAX -46.40 12711.06 -0.36% CAC 40 -17.04 5383.42 -0.32%

  • 13:34

    U.S. Stocks open: Dow -0.13%, Nasdaq -0.31%, S&P -0.23%

  • 13:27

    Before the bell: S&P futures -0.24%, NASDAQ futures -0.31%

    U.S. stock-index futures fell as weak earnings of the largest U.S. department store operator Macy's (M) weighed on the retail sector.

    Stocks:

    Nikkei 19,961.55 +61.46 +0.31%

    Hang Seng 25,125.55 +110.13 +0.44%

    Shanghai 3,061.74 +8.95 +0.29%

    S&P/ASX 5,878.34 +2.90 +0.05%

    FTSE 7,383.56 -1.68 -0.02%

    CAC 5,389.08 -11.38 -0.21%

    DAX 12,739.67 -17.79 -0.14%

    Crude $47.77 (+0.93%)

    Gold $1,221.00 (+0.17%)

  • 12:59

    Wall Street. Stocks before the bell

    (company / ticker / price / change ($/%) / volume)


    ALCOA INC.

    AA

    31.16

    0.08(0.26%)

    4600

    Amazon.com Inc., NASDAQ

    AMZN

    945.67

    -3.28(-0.35%)

    17984

    AMERICAN INTERNATIONAL GROUP

    AIG

    62.09

    0.72(1.17%)

    1307

    Apple Inc.

    AAPL

    152.8

    0.17(0.11%)

    124392

    Barrick Gold Corporation, NYSE

    ABX

    16.49

    0.10(0.61%)

    30901

    Boeing Co

    BA

    183.09

    -0.09(-0.05%)

    736

    Caterpillar Inc

    CAT

    101.06

    0.70(0.70%)

    24161

    Cisco Systems Inc

    CSCO

    33.8

    0.06(0.18%)

    918

    Citigroup Inc., NYSE

    C

    60.09

    -0.28(-0.46%)

    4065

    Exxon Mobil Corp

    XOM

    82.5

    0.59(0.72%)

    38569

    Facebook, Inc.

    FB

    150.51

    0.22(0.15%)

    132893

    Freeport-McMoRan Copper & Gold Inc., NYSE

    FCX

    11.85

    0.13(1.11%)

    19935

    General Electric Co

    GE

    28.66

    -0.04(-0.14%)

    36264

    General Motors Company, NYSE

    GM

    34

    -0.23(-0.67%)

    1830

    Goldman Sachs

    GS

    224.08

    -0.80(-0.36%)

    4091

    Google Inc.

    GOOG

    926.08

    -2.70(-0.29%)

    1140

    Home Depot Inc

    HD

    157.5

    -0.63(-0.40%)

    5287

    Intel Corp

    INTC

    35.92

    -0.09(-0.25%)

    2720

    International Business Machines Co...

    IBM

    151.37

    0.12(0.08%)

    2599

    JPMorgan Chase and Co

    JPM

    87.16

    -0.27(-0.31%)

    10641

    Merck & Co Inc

    MRK

    65.25

    1.31(2.05%)

    56601

    Microsoft Corp

    MSFT

    68.48

    -0.83(-1.20%)

    167121

    Nike

    NKE

    54.5

    -0.06(-0.11%)

    2604

    Pfizer Inc

    PFE

    32.85

    -0.18(-0.55%)

    8071

    Tesla Motors, Inc., NASDAQ

    TSLA

    323.38

    -1.84(-0.57%)

    70198

    The Coca-Cola Co

    KO

    43.48

    -0.09(-0.21%)

    2202

    Twitter, Inc., NYSE

    TWTR

    18.45

    -0.09(-0.49%)

    21997

    Verizon Communications Inc

    VZ

    46.5

    0.12(0.26%)

    11637

    Wal-Mart Stores Inc

    WMT

    76.37

    -0.33(-0.43%)

    2701

    Walt Disney Co

    DIS

    109.55

    -0.11(-0.10%)

    1658

    Yahoo! Inc., NASDAQ

    YHOO

    49.51

    0.11(0.22%)

    2511

    Yandex N.V., NASDAQ

    YNDX

    28.18

    0.67(2.44%)

    5043

  • 12:53

    Upgrades and downgrades before the market open

    Upgrades:

    Caterpillar (CAT) upgraded to Buy from Neutral at BofA/Merrill

    Exxon Mobil (XOM) upgraded to Buy from Neutral at BofA/Merrill


    Downgrades:

    Home Depot (HD) downgraded to Neutral from Overweight at Atlantic Equities


    Other:

  • 07:40

    Major stock markets in Europe trading mixed: FTSE 7382.05 -3.19 -0.04%, DAX 12761.33 +3.87 + 0.03%, CAC 5401.63 +1.17 + 0.02%

  • 06:57

    Moderate start of trading expected on the main European stock markets: DAX flat, CAC40 + 0.1%, FTSE flat

  • 05:30

    Global Stocks

    European stocks closed with small gains Wednesday, helping the region's benchmark to a fresh 21-month high. The Stoxx Europe 600 index SXXP, +0.16% edged up 0.2% to finish at 396.45, its highest closing level since August 2015. That comes after the pan-European gauge tacked on 0.5% on Tuesday. The index is up 9.7% this year, after getting a boost ahead of markets-friendly Emmanuel Macron's victory in the French presidential election on Sunday.

    The Dow Jones Industrial Average was trading in negative territory late Wednesday afternoon, weighed down by a late-afternoon slump in shares of Boeing Co., Walt Disney Co., and 3M Co. The trio of Dow DJIA, -0.16% components combined were cutting about 45 points from the blue-chip gauge, which was off 50 points, or 0.2% at 20,924.

    Stocks in Asia were broadly higher Wednesday, as local drivers outpaced global geopolitical concerns, though shares in South Korea reversed early gains on investor caution following the presidential elections. Markets had a muted reaction to the unexpected firing of James Comey, the director of the Federal Bureau of Investigation.

11 May 2017
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.